Just now read in twitter about that SegWit2x is cancelled and it wont happen, whether it is a good news or bad dont know but market reacted and it is moving around 7k to 7.15k price. Whether to hold or book profit as i had purchased at 5k price.

Just now read in twitter about that SegWit2x is cancelled and it wont happen, whether it is a good news or bad dont know but market reacted and it is moving around 7k to 7.15k price. Whether to hold or book profit as i had purchased at 5k price.

Just pay attention, people slowly realize the cancellation. Once they realize they wont get any "free forked btc", they start to sell and we finally can see a correction to the btc price. Take care.

This forum is moving too fast and we can easily miss some very good comments. The OP really got it right that Segwt2x cannot happened - posted 1 Nov. I think it is because he has expert knowledge of computer and networking. Segwt2x is all about migration to new client bitcoin codes. You cannot have a proper fork where the codes are buggy. So I think there won't be a 15 Nov fork. The news is real.

What we now know is that this blockchain crypto is not as great as have been told us. The only present use of bitcoin is for the benefits of the large holders as a tool for pump-and-dump. From now onward, the market will go down all the way to $1000 to $2000 after the large holders have taken all their profits. Thereafter the next round would unfold. The bottom may be in 2017+3 or in 2020.

Also bear in mind that when bitcoin started, large proportions are in the control of the few. Any hard fork like bitcoin cash too would mean the same large holders will be allocated the same large portion of bitcoin cash. So any new fork of bitcoin always propagate this same disproportionate control of the present large holders. So we expect them only to squeeze every drop of profit by crashing bitcoin slowly all the way back to $1000.

These large holders too have the benefit of moving funds from bitcoin cash vs bitcoin - another advantage.

A lot of people have been taken for a ride with this whole SegWit2X fork. I think this was orchestrated long before the cancelation/suspension was announced. Jeff Garzik is working on Metronome and shown his intend with the announcement of the ICO.

They also knew that they were playing with fire by not including "replay protection" in SegWit2X. If it failed and people lost BTC because of that, then they would be blamed and their reputation would have been shattered. I also think that there might have been a little bit of insider trading and market manipulation being done with this.

A lot of people have been taken for a ride with this whole SegWit2X fork. I think this was orchestrated long before the cancelation/suspension was announced. Jeff Garzik is working on Metronome and shown his intend with the announcement of the ICO.

They also knew that they were playing with fire by not including "replay protection" in SegWit2X. If it failed and people lost BTC because of that, then they would be blamed and their reputation would have been shattered. I also think that there might have been a little bit of insider trading and market manipulation being done with this.

You can be sure that this isn't over, and that their next attempt won't include replay protection either. Give it one year. Belche (Bitgo), Armstrong (Coinbase), Pair (Bitpay) and others are very determined to see many massive on-chain capacity increases in the future, which is only possible via hard fork.

I'm glad that the some of the CEOs pushing the fork backed down. But I'm disappointed in general with the obvious knowledge gap that needs to be overcome around consensus issues.

Just now read in twitter about that SegWit2x is cancelled and it wont happen, whether it is a good news or bad dont know but market reacted and it is moving around 7k to 7.15k price. Whether to hold or book profit as i had purchased at 5k price.

Just pay attention, people slowly realize the cancellation. Once they realize they wont get any "free forked btc", they start to sell and we finally can see a correction to the btc price. Take care.

What we now know is that this blockchain crypto is not as great as have been told us. The only present use of bitcoin is for the benefits of the large holders as a tool for pump-and-dump. From now onward, the market will go down all the way to $1000 to $2000 after the large holders have taken all their profits. Thereafter the next round would unfold. The bottom may be in 2017+3 or in 2020.

what a stupid comment in a forum from a newbie.

BITCOIN IS GREAT !!! it's just not for newbies, who turned in too late (loosers), and want to make money quickly, and now bet on the wrong horse.

Looking at the other posts, you must be really disappointed about not having S2X happen - as I said, looks like you were too greedy, and now tring to troll the forum with predictions into the future. Show your track record of predictions in the past, that met the target, and then one could develop trust in such "just having an opinion" messages. But you have no proof. So go to the reddit blogs, and post it there. It meets more the emotional esteem and level of intelligence of these messages.

Though it is been cancelled because of lack of consensus, it will going to happen soon no doubts, as it said "Backing down the difficulty right now is a strategy". We just need to wait for the upgrade to happened and let's see what change would it bring.

I am not sure of the authenticity of such replies; the original message seems to be accepted by almost everybody - a postponement. It means at a later date? When?

It could be a coding problem. Those coding could not get out the changes to meet the looming 16 Nov dateline; thus the postponement. What I know of open source is that anyone can start from the same set of codes and make changes. So they may come back at a later date. Forking may be just part of such a system.

The very limitation of bitcoin that renders it only as a medium of speculation is that there could be hard forks. Hard forks are just creating "cypto money out of thin air" - no different from the fiat banking system. In fiat banking, the "evil" bankers are the one getting the "free coins"; with forks, the largest portion of free coins go to the largest hoarders. I think it is these miners who have large holding of bitcoins who are most interested in forks. These may also be a form of market manipulation.

What we now know is that this blockchain crypto is not as great as have been told us. The only present use of bitcoin is for the benefits of the large holders as a tool for pump-and-dump. From now onward, the market will go down all the way to $1000 to $2000 after the large holders have taken all their profits. Thereafter the next round would unfold. The bottom may be in 2017+3 or in 2020.

what a stupid comment in a forum from a newbie.

BITCOIN IS GREAT !!! it's just not for newbies, who turned in too late (loosers), and want to make money quickly, and now bet on the wrong horse.

Looking at the other posts, you must be really disappointed about not having S2X happen - as I said, looks like you were too greedy, and now tring to troll the forum with predictions into the future. Show your track record of predictions in the past, that met the target, and then one could develop trust in such "just having an opinion" messages. But you have no proof. So go to the reddit blogs, and post it there. It meets more the emotional esteem and level of intelligence of these messages.

1) I predicted the 2000 NASDAQ crash of the technology companies.2) I predicted the US housing bubble leading to the 2008 crash. I predicted the failure of Lehman Brothers.3) I predicted the rise of China's economy.4) I predicted that the prediction of 21 Dec 2012 as the End-Of-The-World to be wrong and I am right. We are still here speculating on bitcoins.5) I predict bitcoin will go back down to $1000 - $2000 around 2020 6) I predict the Second Coming... the Spirit is already here working amongst us .....Dr. Nouriel

Just now read in twitter about that SegWit2x is cancelled and it wont happen, whether it is a good news or bad dont know but market reacted and it is moving around 7k to 7.15k price. Whether to hold or book profit as i had purchased at 5k price.

Just now read in twitter about that SegWit2x is cancelled and it wont happen, whether it is a good news or bad dont know but market reacted and it is moving around 7k to 7.15k price. Whether to hold or book profit as i had purchased at 5k price.

I was excited for segwit2x i thought everything will be ok but now they cancel Segwit2x Or this is another fake news.. Well this is trending news when searching about bitcoin in google.. Looks like those people who are investing a lot and expecting for fork coins are regretting if they bought bitcoin in high price.. Well i only had few bitcoin holdings if ever they change their mine its fine to me if not well i believe that we will see a massive decrease of the price.. As i can seen altcoins today are getting increases just noticed...

Just now read in twitter about that SegWit2x is cancelled and it wont happen, whether it is a good news or bad dont know but market reacted and it is moving around 7k to 7.15k price. Whether to hold or book profit as i had purchased at 5k price.

I was excited for segwit2x i thought everything will be ok but now they cancel Segwit2x Or this is another fake news.. Well this is trending news when searching about bitcoin in google.. Looks like those people who are investing a lot and expecting for fork coins are regretting if they bought bitcoin in high price.. Well i only had few bitcoin holdings if ever they change their mine its fine to me if not well i believe that we will see a massive decrease of the price.. As i can seen altcoins today are getting increases just noticed...

My oppinion is cancelation of Segwit2x probably a good thing for BitCoin. No more uncertainty and fear. Also altcoins grew.